Bangalore, December 16: Bloomberg TV India has joined hands with Reliance Broadcast Network Limited and IMS Foundation under the aegis of Laghu Udyog Bharati – Karnataka to organize the third edition of the 'India Manufacturing Show 2014.
The two-day event starting September 11, 2014 at the Bangalore International Exhibition Centre (BIEC), Bangalore. Speaking about the event, Vikram Kiloskar, Vice Chairman, Toyota Kirloskar Motor & Vice- Chairman – Advisory Committee for IMS 2014 said, “The share of manufacturing in India’s GDP is less than what is required for sustainable and inclusive growth. This sector has to grow faster than the GDP to provide jobs at all levels to the young population entering the job market.
"The only way to grow manufacturing is to make sure that policy makers develop an environment that promotes competitiveness. Investors will give priority for regions, which will help excel their products in Quality, Cost and Delivery. India has a good source of raw materials, manpower and a unique capital goods industry. There are two strategies that we have to focus on: Market India and Factory India. Market India to attract investors to produce products for the vast Indian market, and Factory India to manufacture for export. I am pleased that IMS Foundation is organizing the India Manufacturing Show in September 2014. I am sure that this show will help policy makers look at the initiatives required for Market India and Factory India,” he said.
IMS 2014 will be the single largest collaborative platform of Indian and International Manufacturing, Engineering and other ancillary industries which play a pivotal role of the overall industrial growth of the country.
The event is also supported by All India Association of Industries, Consortium of electronic Industries of Karnataka, Federation of Karnataka Chambers of Commerce & Industry, International Centre for Automotive Technology, Indo-American Chamber of Commerce, Indo-Arab Chamber of Commerce & Industries, India China Economic and Cultural Council, Indo-Spanish Chamber of Technology, Karnataka Small Scale Industries Association, Manufacturer’s Association for Information Technology, Petroleum Federation of India and SME Chamber of India.